M&A Deal Summary

Total Access Urgent Care Acquires Urgent Care Group

On March 15, 2022, Total Access Urgent Care acquired healthcare services company Urgent Care Group from Capital Alignment Partners and Harbert Mezzanine Capital

Acquisition Highlights
  • This is Total Access Urgent Care’s 1st transaction in the Healthcare Services sector.
  • This is Total Access Urgent Care’s 1st transaction in the United States.
  • This is Total Access Urgent Care’s 1st transaction in Tennessee.

M&A Deal Summary

Date 2022-03-15
Target Urgent Care Group
Sector Healthcare Services
Buyer(s) Total Access Urgent Care
Sellers(s) Capital Alignment Partners
Harbert Mezzanine Capital
Deal Type Add-on Acquisition
Advisor(s) Raymond James - Investment Banking (Financial)
Bradley Arant Boult Cummings (Legal)

Target

Urgent Care Group

Brentwood, Tennessee, United States
Urgent Care Group is focused on taking care of patients by providing affordable and accessible care to help them Get Better. Faster! The Urgent Care Group Network includes 24 centers operating as three brands: Medac Urgent Care in North Carolina, MEDcare Urgent Care in South Carolina, and Health Choice Urgent Care in partnership with Northside Hospital in Georgia. Urgent Care Group was founded in 2017 and is based in Brentwood, Tennessee.

Search 200,388 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Total Access Urgent Care

Ballwin, Missouri, United States

Category Company
Founded 2008
Sector Healthcare Services
DESCRIPTION

Total Access Urgent Care is a provider of urgent care and emergency department services. Total Access Urgent Care operates 26 locations and serves patients. Total Access Urgent Care offers state-of-the-art digital X-ray, CT scan, ultrasound, EKG, and common laboratory assays, on-site. TAUC's services also include IV hydration and medication administration, suturing lacerations, splinting minor fractures, reducing dislocations, and draining abscesses. Total Access Urgent Care was founded in 2008 and is based in Ballwin, Missouri.


DEAL STATS #
Overall 1 of 1
Sector (Healthcare Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Tennessee) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1

Seller(S) 2

SELLER
DESCRIPTION

Capital Alignment Partners is a private investment firm focused on providing equity and debt capital to lower middle-market healthcare and business services companies. The Firm looks to commit $5 to $40 million of flexible capital into companies with $10 to $100 million of revenue and $2 to $20 million of EBITDA. Prospective transaction situations include buyouts, consolidations, restructurings, recapitalizations, shareholder liquidity needs, and growth. Capital Alignment Partners was formed in 2009 and is headquartered in Nashville, Tennessee.


DEAL STATS #
Overall 2 of 2
Sector (Healthcare Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Tennessee) 2 of 2
Country (United States) 2 of 2
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-01 Aging with Comfort

Philadelphia, Pennsylvania, United States

Aging with Comfort is a provider of non-medical home care services to the elderly and disabled. Aging with Comfort was founded in 2014 and is based in Philadelphia, Pennsylvania.

Buy -
DESCRIPTION

Harbert Mezzanine Capital is the junior capital investment arm of asset manager Harbert Management Corporation. Harbert Mezzanine looks to invest $3 to $15 million of subordinated debt to support growth needs, acquisitions, recapitalizations, or management buyouts of mid-sized companies throughout the US. Harbert Mezzanine Capital is based in Nashville, Tennessee.


DEAL STATS #
Overall 7 of 12
Sector (Healthcare Services) 2 of 2
Type (Add-on Acquisition) 3 of 4
State (Tennessee) 2 of 3
Country (United States) 7 of 12
Year (2022) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-07 TRM

Milwaukee, Wisconsin, United States

TRM is a manufacturer of proprietary and custom injection molding products serving the industrial lead battery, automotive, and consumer markets. TRM was founded in 1977 and is based in Milwaukee, Wisconsin.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-10 ApolloLIMS

Brentwood, Tennessee, United States

ApolloLIMS is a provider of proprietary laboratory information management systems software to the laboratory marketplace to assist operators with laboratory automation and quality assurance. ApolloLIMS was founded in 1994 and is based in Brentwood, Tennessee.

Buy -